Purchase an A3 printer for my cybercafe

Evans

Utawal, Kenya

100% repaid

Entrepreneur

Name

Evans

Member since

June 2015

On-time repayments

279 installments  •  62%

About Me

am an adult aged 27 years .Holder of a Diploma in Sales and marketing ,Diploma in Graphic design and Certificate in Computer applications.
i worked as a marketing executive for an insurance company for one year and later joined a workshop company(garage) as a marketing manager where i worked for two years and left to venture into business. while i worked with this companies is when i started my business and allocated my wife to manage the business as i continued to add more capital to it.
for the 1st 3 months the business was so challenging because i had to pay rent from my pocket .
currently am A National youth council official for Embakasi District.I tell you this is an elective position which i had to compete for. I contested for it in the year 2010 and managed to be selected with 200 votes. Before entering into the contest, the Government had indicated that it was a paid up position but later turned voluntary. Most of the contestants including me spent a lot of resources before they were elected but up to date we have never seen even a coin from the government . We encouraged ourselves and decided to move on with voluntary work of helping the youth within our region on drug abuse, importance of peace, enlighten them about the constitution and their rights and also encouraging them on the importance of becoming self reliant.
i like socializing with people and this helps me get a lot of clients.I also believe that a customer will only buy a satisfaction but not a thing.

My Business

I offer computer services,computer classes ,photography,computer maintenance and mpesa services in my shop. On top of this I am putting up an IT Centre( information technology centre) and Resource centre.
as at now we dont have an IT .centre or Resource centre within and most people struggle to get information.
i decided to offer the services because personally that is my profession and the place am locating it there are no such services.

.Typical costs and revenue
currently I make up to ($25) per day
Expenses are as follows :
-Electricity per day =$1
-Food =$3
-Rent =&2
-clothing = $1
-Maintenance =$3
-Salaries =$4
-Stock =$4
Total =$18per day
($25-$18) =$7
I save $7 per day (profit)

The profits i make i invest in other income generating activities .I also reinvest in the same business by purchasing more powerful machines and computer accessories.

Loan Proposal

I inted to buy A3 printer at $1300.
I have already some savings to add so that I buy the printer.
BENEFITS TO ME
In Kenya we are in electioneering period and currently every aspirant is printing posters. In the past 3 months I have been printing A4 posters and have seen most aspirants ordering A3 posters and currently am outsourcing. If I buy this A3 printer I will be able to do alot of work and eran alot of profit during this campaign period.
My clients will not wait for long before getting their jobs printed and this will allow their campaigns to run smoothly.
I will also be able to print church programs,fliers and bronchures for schools.
I will earn a profit of up to $13 a day

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$1,658.25

Date disbursed

Jul 25, 2017

Repayment status

On Time

Projected term

4 months

Lenders

Paul Buchheit

Mountain View, United States

Paul Buchheit

Mountain View, United States

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